Corporation Tax Act 2010 section 1122

"Connected" persons

Section 1122 defines when persons — including companies, individuals, trustees and partners — are treated as "connected" with one another for Corporation Tax purposes.

• Two companies are connected where the same person or group of persons (including those connected with them) controls both, or where the controlling groups are identical or interchangeable through connected persons
• Individuals are connected through family relationships — spouses, civil partners and relatives, including the spouses or civil partners of each other's relatives
• Trustees of a settlement are connected with the settlor, persons connected with the settlor, certain close companies whose participators include the trustees, and trustees of related sub-fund settlements
• Partners in a partnership are connected with each other and with the spouses, civil partners and relatives of individual partners, except where partnership asset transactions are made under genuine commercial arrangements